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Small producers have to sell in the local market at a price of Rs 80 per kg, while large farmers who meet the norms of the food chains can earn up to Rs 150 per kg.The Punjab government provides a subsidy of Rs 1.7 lakh on bank loans of Rs 6 lakh to small pig farmers.
Compared to dairy farming, pig farming is quite cost-effective. Pig farming is a lucrative proposition for small and marginal farmers," Singh said.
A dairy farmer can rear only five head of cattle in one acre of land, as he has to grow fodder for the animals too. Seeking help from Punjab Agriculture University (PAU), Ludhiana, Singh has organised 160 farmers into the Punjab Progressive Piggery Farmers Association. According to Singh, there is tremendous potential for pig farmers, because the demand is huge.
The growing demand for pork resulting from the growth of the hotel industry and the proliferation of fast food chains in the country has prompted farmers in Punjab to go in for pig farming in a big way.
Punjab's farmers, having heard about superior ways of rearing pigs from friends and relatives who had earlier migrated to Canada, and work on pig farms there, have begun rearing pigs on superior feed such as soya and maize.
"We get queries from big chains in Delhi for hygienic meat, but they need volumes.
There is a demand for 50 animals per day from individual firms in the organised sector which supply to the hospitality sector, and this may go up to 200 animals per day from slaughter houses in the National Capital Region. Punjab produces close to 8,000 pigs a year against a demand of over 70,000 animals per annum," said Singh.
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Piggery is another aspect of agri farming business in India which helps smart agri investors to make huge earnings on daily basis.
"But we are looking for good pig farms," Banga said.
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